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The Economic Times

Top News / The Economic Times

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Indias cities need Rs 80 lakh crore investment to support urban growth: Report

India requires Rs 80 lakh crore for urban infrastructure by 2037. Cities will contribute significantly to the nation's GDP. A new Rs 1 lakh crore fund will encourage market-based funding for urban projects. Local bodies must raise funds through bonds or loans. This will improve financial discipline and city creditworthiness. Smaller towns can benefit from a credit guarantee scheme.

15 May 2026 12:58 pm